RHB Retail Research
Trading Stocks - Signature International
Signature International is poised to resume its uptrend as it attempted to move past the immediate resistance of MYR1.38 yesterday, after bouncing above the 21-day average line recently. If a breakout happens above that level, the bullish momentum should continue towards uncharted territory to print a new high of MYR1.50, followed by MYR1.60. Conversely, falling below the MYR1.24 support will cancel this expectation.
Source: RHB Securities Research - 10 Dec 2021
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